Blog
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
305: Make business decisions like a poker player
This is the way entrepreneur should look at business opportunity, but they don't. Instead, they pursue selfish, self-serving business idea. Find out in this episode how an entrepreneur should make decisions like a poker player. Work with us!...
Podcast Episode Recaps
The only kind of goals that work
When you are starting a company time is of the essence. You need to learn and sell and get your service to market as fast as possible. Your opportunity cost is huge. You could be earning in the workforce or pursuing any number of opportunities. Its time to get uncomfortable. Its time to set goals. Not just normal[...]
General
Ep 59: Management fees and why building a sustainable management company is important
Nick discusses raising good kids and how hard it can be when striving to earn generational wealth, how to protect the downside in real estate, and how to think about advice you get through the lens of the person giving you the advice Follow my...
Podcast Episode Recaps
How I'm deciding what deals are worth buying right now
The real estate market is in a period of price discovery. What does that mean? Nobody knows what to pay and sellers aren't willing to meet the market. If real estate was a liquid stock that could be bought and sold at a moment's notice, it would be in free fall. The most common question I've received over the[...]
General
302: Fire that crappy employees in a legacy business
Nick discusses the hardest part of buying any business - in real estate or services - and why it's so important that you do the work that needs to be done to rebuild the culture. This episode is a cross-post from my other podcast about self...
Podcast Episode Recaps
Evening routine
Evenings are tough because they are not as predictable as mornings. You have social events, work emergencies, date nights etc. I manage a predictable evening most days and here is my routine: First I make a to do list for tomorrow. Everything I need to do organized from most important to least important. This[...]
Life
What business would you start?
If you had to start all over right now what business would you start? What sector would it be in? What sectors would you avoid? How about real estate? I’ll tell you what I wouldn’t go into - and thats Tech. Its mature. Competition is strong. The market isn’t growing anymore like it used to be. Its getting cheaper[...]
General
How my temper almost set me back millions of dollars
Tax season (for me) is here and my final income tax bill will be $0 for one main reason - Cost Segregation Studies and bonus depreciation. DO NOT FORGET TO GET COST SEGREGATION STUDIES DONE ON YOUR REAL ESTATE. The folks at RE Cost Seg have already delivered my cost segs this year and the depreciation is mouth[...]
General
#137 - Businesses I HATE with Jim Flannery - online yoga instructing and other remote coaching
Show notes from Episode #137 of the . There’s been great feedback and outreach from the “Businesses I Love” , and we now have a few episodes with taking a different approach. Jim and Nick hear a lot of ideas for businesses that typically don’t lead to success, and they’ll discuss the difficulties here as well as[...]
Podcast Episode Recaps
406: 406: Why entrepreneurship culture sucks
In this episode, I dive into what's wrong with entrepreneurship culture. The media glorifies startups, but starting a business is simple: go out, sell a product or service, and do the work. Make money first, then build your business. Thanks for...
Podcast Episode Recaps